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Property profile & analytics
OFF-MARKET
Commercial real estate

1929 Canyon Rd Vestavia Hills, AL 35216

3,911 SF 0.86 ac lot Built 1960
Property ID
US03-0888947
Property summary
AI-generated overview

This exceptional two-story office building, situated on a 0.86-acre lot in Vestavia Hills, Alabama, presents a compelling investment opportunity. Boasting 3,911 square feet, the Class B property is priced at $650,000, or $166.20 per square foot. Constructed in 1960, the building offers a multi-tenant configuration, currently housing three non-profit tenants occupying smaller first-floor offices. These tenants may remain or vacate, providing flexibility for the new owner. The property is ideally suited for an owner-user seeking a prime location in Vestavia Hills, or for an investor looking to capitalize on a redevelopment or renovation opportunity. Detailed renovation plans and a survey are readily available for review. High-quality interior photographs are also available to showcase the building's current condition. The property's address is 1929 Canyon Rd, Vestavia Hills, AL 35216, within Jefferson County. This is a rare chance to acquire a well-located office building with significant upside potential. Don't miss this chance to secure a valuable asset in a thriving Alabama market.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 3,911 SF
Lot 0.86 ac (37,462 SF)
UPID US03-0888947
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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